Reliable Nepal Life Insurance Limited Announces Conclusion of Lock-in Period for Promoters and Employee Shares on Shrawan 30
Summary
Reliable Nepal Life Insurance Limited announced the end of the lock-in period for its promoters' and employees' shares on Shrawan 30, 2083 BS.
Key Points
- Reliable Nepal Life Insurance Limited announced the expiry of the lock-in period for promoters' and employees' shares on 30th Shrawan, 2083.
- The lock-in period has been in effect since the IPO allotment three years ago.
- RNLI has 51,968,000 shares listed on the Nepal Stock Exchange, with promoters holding 15,590,400 units and employees holding 36,377,600 units.
- Shares held by the Board of Directors and senior management employees will remain untradable after the lock-in period ends.
